After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. […]
Companies
Trending topics and news from the Companies category
Back to news homeFacebook VR exec Hugo Barra is leaving
Four years after joining as Facebook’s first VP of VR, ex-Xiaomi exec Hugo Barra has left the company, he said in a social media post Tuesday. Barra led Facebook’s VR […]
The TechCrunch Survey of Dutch tech hubs: Calling Delft, Eindhoven, Rotterdam, Utrecht
TechCrunch is embarking on a major new project to survey European founders and investors in cities outside the larger European capitals. Over the next few weeks, we will ask entrepreneurs […]
Tamika Butler, Remix’s Tiffany Chu and Revel’s Frank Reig to discuss how to balance equitability and profitability at TC Sessions Mobility
The race among mobility startups to become profitable by controlling market share has produced a string of bad results for cities and the people living in the them. City officials […]
Mortgage is suddenly sexy as SoftBank pumps $500M in Better.com at $6B valuation
Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons. […]
TechCrunch, still not dead
You may have seen an article over at Axios today about the rebrand of many of the Verizon Media products under a new Yahoo+ banner. I would like to congratulate […]
Investors get a rise out of Walmart’s agreement to stock more Beyond Meat
Beyond Meat shares soared today on the heels of an announcement that Walmart is beefing up its relationship with the purveyor of meatless protein patties, sausages, and balls. 900 stores […]
Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company
The man who arguably ushered in the current SPAC rush with the merger of Virgin Galactic with his Social Capital Hedosophia holding company has divested the remainder of his personal […]
Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams
Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro, which just nabbed $15 million in financing to grow its […]
Ford bets on Google Cloud for its digital transformation
Google and Ford today announced a new partnership around bringing Android Automotive to Ford’s Ford- and Lincoln-branded cars, starting in 2023. But at the same time, the two companies also […]